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Download TOD Status Report Presentation 5-13
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Transit-Oriented Development: RTD Board of Directors May 13, 2014 TOD Status Report: Overview • Annual TOD Status Report released every year since 2005 • Internal database of all new real estate development within ½ mile of transit. • Existing and future planning activities related to TOD • New compact format with more emphasis on projects TOD Status Report: Total Development • Nearly 3,000 new residential units • Over 800,000 square feet of new office space • 450 new hotel rooms TOD Status Report: Residential • Nearly tied the 2009 record for new units completed/under construction • Over 6,000 units still in the pipeline – expect that to taper off TOD Status Report: Office • Office starting to return – even the speculative market • Denver Union Station dominates • Expect projected numbers to ramp up TOD Status Report: Retail • Still low – mainly ground floor retail component of mixeduse residential buildings. • Slowly picking back up as economy improves but still lots of inventory to fill QUESTIONS? Patrick McLaughlin Associate, Transit-Oriented Development 303.299.2057 [email protected]
